jy2tradez

Golden Cross FOMO- Expect a retest of this region

Short
BITSTAMP:BTCUSD   Bitcoin
The last time we saw a golden cross was in May of 2015. If history repeats itself, we should at least expect a retest of the 200 and 50 EMA. If it holds as support, we will continue on our way to 6000. If we break through, expect this region to become resistance and to drop back down to the lower 3000's regions. Below is the chart from 2015, which looks very similar to what we are viewing now.



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